Laugh/cry about Nokia all you want, but when it comes down to cold, hard figures, they're still performing well. They've seen a 65 per cent increase in net profits for the last quarter, shipping 126.9m units in the period.

Those 126.9m units shipped in the fourth quarter are 12 per cent more than the previous year, no doubt helped by their recent N900 and N97/N97 Mini launches, which went down a storm in Europe and Asia. Americans still aren't embracing Nokia like the rest of the world though, with only 3.8m of those 126.9m units being sold in the States.

Giving away Ovi Maps with turn-by-turn navigation for free should help those numbers rise even more, but they'll be needing to work on some solid hardware launches to reel in the punters. Reports of cutting smartphone launches in half just don't help matters, Nokia. You've still got to get your act together. [TechCrunch]